SHS Web of Conf.
Volume 92, 2021The 20th International Scientific Conference Globalization and its Socio-Economic Consequences 2020
|Number of page(s)||10|
|Section||Regions and Economic Resilience|
|Published online||13 January 2021|
Global Challenges of the Modern Paradigm of Economic Development
1 Institute for Regional Economic Studies Russian Academy of Sciences Leading researcher 38, Serpuhovskaya str., Saint Petersburg, 190013, Russia
2 State University of Aerospace Instrumentation, Director of the Institute of Enterprinership Technologies, 190000, Saint Petersburg, Russia.
3 ITMO University, Faculty of Technological Management and Innovations, Department of Economics and Strategic Management, Kronverksky avenue 49, Saint Petersburg, 197101, Russia
* Corresponding author: email@example.com
Research background: The basis of the long-term sustainable movement of society forward is the paradigm of economic development as a set of scientific achievements, which for a certain period of time are recognized as the basis for the development of scientific and practical activities of the society. The paradigm of market relations is increasingly unable to solve vital problems for society and the economy, such as growing social stratification of the population, an increase in anthropogenic pollution of the biosphere, disruption of the normal functioning of ecosystems and a number of other equally important problems on a global scale.
Purpose of the article: The goal set by the authors is to conduct a study of the sustainability of the modern paradigm of economic development in the face of global challenges.
Methods: The authors carried out a systematic analysis of economic development in the face of global challenges. A new look at the relationship “global challenges - global actions” is proposed.
Findings & Value added: The article presents the author’s view on the manifestations of the crisis of the modern development paradigm, based on the correlation of global challenges and global actions.
Key words: economic development / paradigm / global challenges / global action / quality of life
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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